Gratuity Payment Rules - Doc Download

tripathianoop
Dear Vishal,
I agree with Mr. Gurumurthy. Please don't waste your time. Gratuity is applicable after 5 completed years only.
tripathianoop
Mr. Suresh
Gratuity is payable only after completion of 5 years of continuous service. Please don't get confused. ypu are not entitled after 4 years and 9 months .
harinder_boparai2000
Dear Rajeev
Read above statment to understant how it becom.
Formula
=current basic/26*15*service period
harinder_boparai2000
Dear Rajeev
Read above statment to understand how it becom.
Formula
=current basic/26*15*service period
singhalanu
Hi,
Is this 240 days inclusive or exclusive of weekend or holidays falling in between
Regards
Anu
sujeetss
Hi
Although I am ready to stand corrected, but I think ELIGIBILITY would trigger only upon COMPLETION OF 5 YRS (and, not the 4 yrs and 240 days).
Rgds
loginmiracle
Dear All,
Pl.go thro' the link where similar query was already discussed. You'll find the SC judgememt attached thereto.
For your ready ref. the same is attached. If anybody doesn't wish to believe it's yr.choice.
Regards,
kumar.s.
https://www.citehr.com/104526-sc-rul...tuity-act.html
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loginmiracle
Dear,
You were paid wages for the days of service (incl. weekly off, holidays etc.) excepting break in service, if any. So for the purpose of ''Continuous Service" it is your "service" rendered is counted.
Rgds,
kumar.s.
Kamadana Pradeep
Dear Friends,
I would like to know the difference between "Gratuity" and "Service Compensation". How the Service Compensation as per Shops & Establishments Act will be caluculated and what is the eligibility? I will be very grateful if learned friends can throw some light on this as I am very much confused on this subject.
Thanks & Regards,
Pradeep
loginmiracle
Pl.see the relevant extract from the Gr.Act.
kumar.s.
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